19-12-2016 18:02 via insuranceinsider.com

Size of Fairfax-Allied cash component unclear

Fairfax Financial CEO Prem Watsa provided little additional
clarity on how much cash Allied World shareholders would receive as
part of the agreed deal between the two firms, or where it would
come from, on a conference call following the announcement of the
transaction.
Under the terms announced today, Fairfax is offering$54 per Allied World share for the company, or $4.85bn in
total, through a potentially moveable combination of stock and
cash.The $54 per share "base" offer includes...
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